The MOR supply is limited to a maximum of 42,000,000 tokens that will ever exist.
Detailed breakdown of the MOR tokenomics is available here →
MOR Token
MOR Tokenomics
42 Million total supply
MOR Utility
Stake MOR to access inference and bootstrap projects
The main utility of the MOR is staking for access to a pro-rata amount of the Morpheus network's compute resources.
From the Metropolis phase onwards, you will also be able to stake MOR towards frontends and smart agents you like, thereby directing community emissions to them and be rewarded in their native tokens.
Additionally, MOR will be the main asset for AI projects launched in the Morpheus ecosystem, like ETH for Ethereum.
Finally, all settlements between parties in the Morpheus Network are also in MOR.
MOR Distribution
MOR is distributed to four contributor groups
The distribution will start with four Morpheus contributor groups earning the tokens by providing forms of proof of work (labor) and proof of stake (capital) to the network:
→ 24% to coders
→ 24% to capital
→ 24% to compute
→ 24% to the community
→ 4% for protection funds
MOR Emission Schedule
Full emission of MOR supply at decreasing rate over ~16 years
The block reward will start at 14,400 MOR per day and then decline by 2.468994701 MOR each day until the reward reaches 0 on day 5,833.
By that time (about 16 years from now) provided Morpheus is in wide use, the fees will have taken over as the primary incentive. Fees paid to users for their data, fees to compute providers, fees to capital providers and fees to coders.
Smart Contracts
MOR is multichain and deployed on Ethereum, Arbitrum and Base
Security Audits
MOR has been audited by leading security firms
The MOR Token smart contracts have been audited by OpenZeppelin & Renascence, with an additional public bug bounty contest executed by Cyfrin via Codehawks.
You can find all the audits here →
